Manaksia Coated Metals & Industries Ltd Dividend 2024 : Should Manaksia Coated Metals & Industries Ltd be a part of your dividend portfolio?
Manaksia Coated Metals & Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹367.56Cr. Its share price is ₹49.20 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Manaksia Coated Metals & Industries Ltd gave ₹0.03 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Manaksia Coated Metals & Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Manaksia Coated Metals & Industries Ltd has declared dividend of ₹0.03 - translating a dividend yield of 0.06%.
Let's look at Manaksia Coated Metals & Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Manaksia Coated Metals & Industries Ltd’s revenue were ₹194.14Cr in the quarter ending December 2023. The revenue grew by 9.34% year on year basis since last quarter.
Manaksia Coated Metals & Industries Ltd’s profits were ₹4.05Cr in the quarter ending December 2023. The profits grew by 1828.57% year on year basis since last quarter.
Manaksia Coated Metals & Industries Ltd’s dividend was ₹0.03 in the quarter ending March 2023.
Manaksia Coated Metals & Industries Ltd Dividend related ratios: